It is in an extremely desirable area in Watertown, CT. 

Quote from @Kathy Grossart: Can a non-accredited investor in an already established SDIRA, within a 506(b) multi-family syndication, do a 1031 exchange to another syndicated property (with same operators), if the new 506(c) offering required investors to be accredited, and the investor is not? 

I am looking at different loan options but to break even (not having to put any money of my own in the house after the initial down payment) the current down payment required is that much. 

My latest blog - linked here  "UNDERSTANDING FLORIDA'S EVICTION PROCESS AND LAWS"  provides a comprehensive guide to understanding the legal requirements, timelines, and steps involved with Evictions in Florida.

However, if you didn't get the results you're looking for, please contact me so we can help and do right by you.Again, I appreciate all commentsI'm an open book and my truest desire is to help.Thanks.

Flipping well requires pivoting and agility.  

If you buy an investment property with your IRA, most require a non-recourse loan.

In some instances the estimate may be less important but rarely if ever do I not see a requirement for no appraisal unless the value is 4x the loan amount.

My client had some things come up that prevented her from executing, but these were some of the options I had put together for her, a regional bank, a regional CU, and a national bank.Reminder that NOI sizes CRE debt, and that's often what determines the down payment requirement, not anything to do with the client or particular lender, just the property itself.

A smart seller/listing agent will likely require a large EMD to tie you to performing on your offer, so be prepared for that.